Seller's Agent in 2023
Julie Costa
Keller Williams Realty Evolution
(978) 828-4064
2 in this area
101 Total Sales
26 Phelps St Salem, MA 01970
Broad Street NeighborhoodEstimated Value: $724,747 - $926,000
5
Beds
2
Baths
2,346
Sq Ft
$355/Sq Ft
Est. Value
Highlights
- Marina
- 0.24 Acre Lot
- Corner Lot
- Medical Services
- Property is near public transit
- 5-minute walk to Bunny Puttman Park
About This Home
As of February 2023This one might surprise you. At the end of Phelps St., on a large lot with a spacious fenced backyard and a large driveway for 4-car parking, you'll find this classic 2 family. With generous room sizes and high ceilings, the units feel very welcoming. Both units have eat-in kitchens with pantries, in-unit laundry areas, and sunrooms. Ample storage space in the basement with interior and exterior access. Roof & vinyl siding are approximately 10 years old. This is a superb opportunity for an owner occupant, as the layout and property feel like a home not an apartment. Investors will also enjoy the straightforward floor plans and potential for future condo conversion. Both units are currently vacant after being rented to family for many years. Desirable location off of Broad Street, that's minutes to Salem's favorite shops, stores & restaurants as well as Salem State University and Salem Hospital.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,159
Year Built
- Built in 1938
Lot Details
- 10,254 Sq Ft Lot
- Cul-De-Sac
- Fenced
- Corner Lot
- Garden
Parking
- 2 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Block Foundation
- Stone Foundation
- Frame Construction
Interior Spaces
- 2,346 Sq Ft Home
- Property has 1 Level
- Storage
- Laundry Room
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- Property is near public transit
- Property is near schools
Additional Features
- Patio
- Heating Available
Listing and Financial Details
- Assessor Parcel Number M:25 L:0326,2131716
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2023
Closed on
Dec 19, 2022
Sold by
Labonte Peter J
Bought by
Labonte Philip A
Seller's Agent
Julie Costa
Keller Williams Realty Evolution
Buyer's Agent
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,687
Avg. Annual Appreciation
4.06%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Labonte Philip A | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2023 02/16/23 | Sold | $750,000 | +7.2% | $320 / Sq Ft |
| 01/13/2023 01/13/23 | Pending | -- | -- | -- |
| 01/10/2023 01/10/23 | For Sale | $699,900 | -- | $298 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,455 | $745,600 | $232,100 | $513,500 |
| 2024 | $8,081 | $695,400 | $220,600 | $474,800 |
| 2023 | $6,255 | $500,000 | $203,600 | $296,400 |
| 2022 | $6,159 | $464,800 | $196,800 | $268,000 |
| 2021 | $6,058 | $439,000 | $183,300 | $255,700 |
| 2020 | $5,819 | $402,700 | $170,400 | $232,300 |
| 2019 | $5,786 | $383,200 | $161,700 | $221,500 |
| 2018 | $5,603 | $364,300 | $153,600 | $210,700 |
| 2017 | $5,202 | $328,000 | $129,600 | $198,400 |
| 2016 | $5,046 | $322,000 | $123,600 | $198,400 |
| 2015 | $4,938 | $300,900 | $113,600 | $187,300 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Costa
-
The Rasner Group
T
Buyer's Agent in 2023
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
(904) 687-8456
1 in this area
154 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73069483
APN: SALE-000025-000000-000326
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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